메뉴 건너뛰기




Volumn 37, Issue 3, 2008, Pages 420-451

Shifting sources and uses of profits: Sustaining US financialization with global value chains

(1)  Milberg, William a  

a NONE

Author keywords

Financialization; Global value chains; Profit share

Indexed keywords

GLOBAL ECONOMY; GLOBALIZATION; INVESTMENT; OUTSOURCING; SUSTAINABILITY;

EID: 48949116286     PISSN: 03085147     EISSN: 14695766     Source Type: Journal    
DOI: 10.1080/03085140802172706     Document Type: Article
Times cited : (236)

References (70)
  • 4
    • 33748426757 scopus 로고    scopus 로고
    • On intra-firm trade and multinationals: Foreign outsourcing and offshoring in manufacturing
    • Mimeo
    • Bardhan, A. and Jaffee, D. (2004) On intra-firm trade and multinationals: Foreign outsourcing and offshoring in manufacturing. Mimeo.
    • (2004)
    • Bardhan, A.1    Jaffee, D.2
  • 7
    • 48949111232 scopus 로고    scopus 로고
    • Stolper-Samuelson after Kalecki: International trade and income distribution with oligopolistic mark-ups and partial pass-through
    • Mimeo
    • Blecker, R. (2008) Stolper-Samuelson after Kalecki: International trade and income distribution with oligopolistic mark-ups and partial pass-through. Mimeo.
    • (2008)
    • Blecker, R.1
  • 9
    • 0034068183 scopus 로고    scopus 로고
    • Is a finance-led growth regime a viable alternative to Fordism? A preliminary analysis
    • Boyer, R. (2000) Is a finance-led growth regime a viable alternative to Fordism? A preliminary analysis. Economy and Society, 29:1, pp. 111-145.
    • (2000) Economy and Society , vol.29 , Issue.1 , pp. 111-145
    • Boyer, R.1
  • 10
    • 84920139605 scopus 로고    scopus 로고
    • Feeling the heat, not breathing fire
    • Bradsher, K. (2007) Feeling the heat, not breathing fire. The New York Times
    • (2007) The New York Times
    • Bradsher, K.1
  • 11
    • 48949111231 scopus 로고    scopus 로고
    • Threat effects and the internationalization of production
    • Mimeo
    • Burke, J. and Epstein, G. (2001) Threat effects and the internationalization of production. Mimeo.
    • (2001)
    • Burke, J.1    Epstein, G.2
  • 13
    • 34547942860 scopus 로고    scopus 로고
    • The neoliberal paradox: The impact of destructive product market competition and 'modern' financial markets on nonfinancial corporation performance in the neoliberal era
    • Edward Elgar, Cheltenham
    • Crotty, J. (2005) The neoliberal paradox: The impact of destructive product market competition and 'modern' financial markets on nonfinancial corporation performance in the neoliberal era. Financialization and the world economy, Edward Elgar, Cheltenham
    • (2005) Financialization and the World Economy
    • Crotty, J.1
  • 14
    • 33645345141 scopus 로고    scopus 로고
    • Where did productivity growth go? Inflation dynamics and the distribution of income
    • Dew-Becker, I. and Gordon, R. (2005) Where did productivity growth go? Inflation dynamics and the distribution of income. Brookings Papers on Economic Activity, 36:2, pp. 67-127.
    • (2005) Brookings Papers on Economic Activity , vol.36 , Issue.2 , pp. 67-127
    • Dew-Becker, I.1    Gordon, R.2
  • 15
    • 21944455878 scopus 로고    scopus 로고
    • Went for cost, stayed for quality? Moving the back office to India
    • Dossani, R. and Kenney, M. (2003) Went for cost, stayed for quality? Moving the back office to India.
    • (2003)
    • Dossani, R.1    Kenney, M.2
  • 16
    • 34547750574 scopus 로고    scopus 로고
    • Costs and benefits of neoliberalism: A class analysis
    • Edward Elgar, Cheltenham
    • Dumenil, G. and Levy, D. (2005) Costs and benefits of neoliberalism: A class analysis. Financialization and the world economy, Edward Elgar, Cheltenham
    • (2005) Financialization and the World Economy
    • Dumenil, G.1    Levy, D.2
  • 19
    • 33845939776 scopus 로고    scopus 로고
    • The rise of rentier incomes in OECD countries: Financialization, central bank policy and labor solidarity
    • Edward Elgar, Cheltenham
    • Epstein, G. and Jayadev, A. (2005) The rise of rentier incomes in OECD countries: Financialization, central bank policy and labor solidarity. Financialization and the world economy, Edward Elgar, Cheltenham
    • (2005) Financialization and the World Economy
    • Epstein, G.1    Jayadev, A.2
  • 20
    • 0002144125 scopus 로고    scopus 로고
    • Shareholder value and financialization: Consultancy promises, management moves
    • Froud, J., Haslam, C., Johal, S. and Williams, K. (2000) Shareholder value and financialization: Consultancy promises, management moves. Economy and Society, 29:1, pp. 80-110.
    • (2000) Economy and Society , vol.29 , Issue.1 , pp. 80-110
    • Froud, J.1    Haslam, C.2    Johal, S.3    Williams, K.4
  • 23
    • 12244292029 scopus 로고    scopus 로고
    • At the cutting edge? Financialisation and UK clothing retailers' global sourcing patterns and practices
    • Gibbon, P. (2002) At the cutting edge? Financialisation and UK clothing retailers' global sourcing patterns and practices. Competition and Change, 6:3, pp. 289-308.
    • (2002) Competition and Change , vol.6 , Issue.3 , pp. 289-308
    • Gibbon, P.1
  • 24
    • 0344111513 scopus 로고    scopus 로고
    • Corporate profitability and the dynamics of competition in emerging markets: A time series analysis
    • Glen, J., Lee, K. and Singh, A. (2003) Corporate profitability and the dynamics of competition in emerging markets: A time series analysis. Economic Journal, 113, p. F465.
    • (2003) Economic Journal , vol.113
    • Glen, J.1    Lee, K.2    Singh, A.3
  • 26
    • 12144267456 scopus 로고    scopus 로고
    • Does outsourcing increase profitability?
    • Gorg, H. and Hanley, A. (2004) Does outsourcing increase profitability?. The Economic and Social Review, 35:3, pp. 267-288.
    • (2004) The Economic and Social Review , vol.35 , Issue.3 , pp. 267-288
    • Gorg, H.1    Hanley, A.2
  • 28
    • 37549051000 scopus 로고    scopus 로고
    • The rise of offshoring: It's not wine for cloth anymore
    • Grossman, G. and Rossi-Hansberg, E. (2006) The rise of offshoring: It's not wine for cloth anymore. Proceedings, pp. 59-102.
    • (2006) Proceedings , pp. 59-102
    • Grossman, G.1    Rossi-Hansberg, E.2
  • 30
    • 48949111125 scopus 로고    scopus 로고
    • Remaking the global economy: US retailers and Asian manufacturers
    • Hamilton, G., Petrovic, M. and Feenstra, R. (2006) Remaking the global economy: US retailers and Asian manufacturers.
    • (2006)
    • Hamilton, G.1    Petrovic, M.2    Feenstra, R.3
  • 31
    • 0242314965 scopus 로고    scopus 로고
    • Has globalization eroded labor's share? Some cross-country evidence
    • Harrison, A. (2002) Has globalization eroded labor's share? Some cross-country evidence.
    • (2002)
    • Harrison, A.1
  • 32
    • 33745586301 scopus 로고    scopus 로고
    • Low-wage manufacturing and global commodity chains: A model in the unequal exchange tradition
    • Heintz, J. (2006) Low-wage manufacturing and global commodity chains: A model in the unequal exchange tradition. Cambridge Journal of Economics, 30, pp. 507-520.
    • (2006) Cambridge Journal of Economics , vol.30 , pp. 507-520
    • Heintz, J.1
  • 35
    • 33747218488 scopus 로고    scopus 로고
    • International Monetary Fund
    • International Monetary Fund (2006) World economic outlook
    • (2006) World Economic Outlook
  • 37
    • 0036251635 scopus 로고    scopus 로고
    • Subcontracting and the performance of small and medium firms in Japan
    • Kimura, F. (2002) Subcontracting and the performance of small and medium firms in Japan. Small Business Economics, 18, pp. 163-175.
    • (2002) Small Business Economics , vol.18 , pp. 163-175
    • Kimura, F.1
  • 39
    • 0038556826 scopus 로고    scopus 로고
    • The vanishing hand: The changing dynamics of industrial capitalism
    • Langlois, R. (2003) The vanishing hand: The changing dynamics of industrial capitalism. Industrial and Corporate Change, 12:2, pp. 351-385.
    • (2003) Industrial and Corporate Change , vol.12 , Issue.2 , pp. 351-385
    • Langlois, R.1
  • 41
    • 33947513227 scopus 로고    scopus 로고
    • Globalization of the ICT labor force
    • Oxford University Press, Oxford
    • Lazonick, W. (2007) Globalization of the ICT labor force. The Oxford handbook of ICTs, Oxford University Press, Oxford
    • (2007) The Oxford Handbook of ICTs
    • Lazonick, W.1
  • 42
    • 0034122692 scopus 로고    scopus 로고
    • Maximizing shareholder value: A new ideology for corporate governance
    • Lazonick, W. and O'Sullivan, M. (2000) Maximizing shareholder value: A new ideology for corporate governance. Economy and Society, 29:1, pp. 13-35.
    • (2000) Economy and Society , vol.29 , Issue.1 , pp. 13-35
    • Lazonick, W.1    O'Sullivan, M.2
  • 49
    • 6344262010 scopus 로고    scopus 로고
    • The changing structure of international trade linked to global production systems: What are the policy implications?
    • Milberg, W. (2004) The changing structure of international trade linked to global production systems: What are the policy implications?. International Labour Review, 143:1
    • (2004) International Labour Review , vol.143 , Issue.1
    • Milberg, W.1
  • 56
    • 84889729661 scopus 로고    scopus 로고
    • Financialization and capital accumulation in the nonfinancial corporate sector: A theoretical and empirical investigation on the US economy, 1973-2004
    • Orhangazi, O. (2008) Financialization and capital accumulation in the nonfinancial corporate sector: A theoretical and empirical investigation on the US economy, 1973-2004. Cambridge Journal of Economics
    • (2008) Cambridge Journal of Economics
    • Orhangazi, O.1
  • 57
    • 14044264777 scopus 로고    scopus 로고
    • New challenges for developing country suppliers in global clothing chains: A comparative European perspective
    • Palpacuer, F., Gibbon, P. and Thomsen, L. (2005) New challenges for developing country suppliers in global clothing chains: A comparative European perspective. World Development, 33:3, pp. 409-443.
    • (2005) World Development , vol.33 , Issue.3 , pp. 409-443
    • Palpacuer, F.1    Gibbon, P.2    Thomsen, L.3
  • 60
    • 36049035653 scopus 로고    scopus 로고
    • Developing country exports of manufactures: Moving up the ladder to escape the fallacy of composition?
    • Razmi, A. and Blecker, R. (2008) Developing country exports of manufactures: Moving up the ladder to escape the fallacy of composition?. Journal of Development Studies, 44:1, pp. 21-48.
    • (2008) Journal of Development Studies , vol.44 , Issue.1 , pp. 21-48
    • Razmi, A.1    Blecker, R.2
  • 63
    • 4644350045 scopus 로고    scopus 로고
    • Financialisation and the slowdown of accumulation
    • Stockhammer, E. (2004) Financialisation and the slowdown of accumulation. Cambridge Journal of Economics, 28, pp. 719-741.
    • (2004) Cambridge Journal of Economics , vol.28 , pp. 719-741
    • Stockhammer, E.1
  • 64
    • 32944471585 scopus 로고    scopus 로고
    • Stephen Hymer and the externalization of production
    • Strange, R. and Newton, J. (2006) Stephen Hymer and the externalization of production. International Business Review, 15, pp. 180-193.
    • (2006) International Business Review , vol.15 , pp. 180-193
    • Strange, R.1    Newton, J.2
  • 65
    • 48949111120 scopus 로고    scopus 로고
    • Inequality and institutions in 20th century America
    • Temin, P. and Levy, F. (2006) Inequality and institutions in 20th century America.
    • (2006)
    • Temin, P.1    Levy, F.2
  • 67
    • 0002533421 scopus 로고    scopus 로고
    • From shareholder value to present-day capitalism
    • Williams, K. (2000) From shareholder value to present-day capitalism. Economy and Society, 29:1, pp. 1-12.
    • (2000) Economy and Society , vol.29 , Issue.1 , pp. 1-12
    • Williams, K.1
  • 68
    • 0043269790 scopus 로고    scopus 로고
    • What's behind the rise in profitability in the US in the 1980s and 1990s?
    • Wolff, E. (2003) What's behind the rise in profitability in the US in the 1980s and 1990s?. Cambridge Journal of Economics, 27, pp. 479-499.
    • (2003) Cambridge Journal of Economics , vol.27 , pp. 479-499
    • Wolff, E.1
  • 69
    • 0037301850 scopus 로고    scopus 로고
    • Can vertical specialization explain the growth of world trade?
    • Yi, K. (2003) Can vertical specialization explain the growth of world trade?. Journal of Political Economy, 111:1, pp. 52-102.
    • (2003) Journal of Political Economy , vol.111 , Issue.1 , pp. 52-102
    • Yi, K.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.